617 E Bennett Ave. Avenue, Ferndale, MI 48220
617 E Bennett Ave. Avenue, Ferndale, MI 48220
617 E Bennett Ave. Avenue, Ferndale, MI 48220
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$225,000
Est. payment /mo
3 Baths
5,227 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Ferndale City

Subdivision Ferndale City

MLS Listing ID 20261083850

Year Built 1925

Annual Tax Amount $7,405

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50X105

Source Realcomp

Property Description

Ferndale Duplex Investment | Immediate Income with Rental Upside.Excellent opportunity to acquire a fully occupied bungalow-style duplex in Ferndale with immediate rental income and the potential to increase returns through below-market in-place rents. The property features a 2-bedroom, 1-bath lower unit and a 1-bedroom, 1-bath upper unit, offering investors an opportunity to improve cash flow as rents adjust to market levels.The upper unit features an updated kitchen and bathroom, stainless steel appliances, updated cabinetry, and flooring. Additional highlights include a gas fireplace in the lower unit, basement with laundry, half bath and ample storage, fenced backyard, large rear deck, covered front porch, and detached 1.5-car garage. Conveniently located less than 1.5 miles from downtown Ferndale, with easy access to I-696, shopping, dining, and entertainment.An income-producing duplex with existing occupancy, rental upside, and desirable amenities in an established Oakland County market.Please do not disturb tenants.

Location

State MI

County Oakland

Zoning Residential

Direction Woodward Ave north of 8 Mile Rd, head east on Chesterfield, right at Hilton, left to continue on Chesterfield to right on Fair Street to right on Bennett Ave.

Interior

Heating Forced Air

Exterior

View Y/N No

Roof Type Composition

Building

Water Public

Structure Type Wood Siding

Schools

School District Ferndale

Others

Tax ID 2535354035

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Forward Commercial Group

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

Name

Name

Phone*

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